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SAIA - South African Institute of Auctioneers

UJ FULLY LET STUDENT ACCOMMODATION AD2 AUCTION IN NASREC, GAUTENG AUCTIONED BY THE HIGH STREET AUCTION COMPANY

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NASREC - COMMERCIAL PROPERTY

UJ FULLY LET STUDENT ACCOMMODATION

DESCRIPTION:

Accredited and fully let student accommodationProperty size: 2817m²Stand size: 4105m²4 Double storey buildings accommodating 148 studentsNSFAS & UJ AccreditationGross Annual Income ± R6.7 MillionNFSAS Pay R4 500 per student over 10 months cycleNeat and well-maintained buildings80 Single bedrooms68 Sharing bedrooms34 Kitchens40 BathroomsHighly secured, 24-hour guards, CCTV cameras, alarm system and armed responsePerimeter wall with electric fenceProperty sold with Inventory, including a 65-seater bus5 Km from Soweto UJ campusClose to FNB stadium and Gold Reef cityWi-fiDSTVShuttle bus for student transportAmple student and visitors parkingNeat and well-maintained gardenLaundromat services
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